On this page:
Privacy
Your personal information is protected by law. Part 9 of the VET Student Loans Act 2016 allows for the use and disclosure of VET information (which may include personal information).
You can find more information about the way in which the department will manage your personal information, including how to access and correct your information, and how to make a complaint, in our Privacy Policy. You can obtain a copy of the department's Privacy Policy on the department’s website, or by requesting a copy from the department at privacy@dewr.gov.au.
Provision of information
When deciding whether the applicant is a fit and proper person, the Secretary (or delegate) may regard whether you or any of your key personnel has provided false or misleading information to the department. These include circumstances where it is reasonable to assume that you or your key personnel knew the information was false or misleading.
Please ensure all material information is disclosed in your application, that is, any fact that would be likely to influence the decision-maker. Failure to provide this information may delay the assessment of your application and impact on the application outcome. If clarification is needed regarding any information provided, we will contact you.
7.1 - The Form
The Application Form has 6 sections:
- Section A - Entity details
- Section B - Financial and insurance details
- Section C - Key personnel
- Section D - Applicant’s experience and completion rates
- Section E - Proposed VSL courses
- Section F - Provider suitability.
You must complete all sections.
7.2 - Section A - Entity details
This section of the Application Form requires basic information about your organisation, including contact details.
7.3 - Section B - Financial and Insurance details
It is important that you carefully read and understand the requirements in relation to financial statements. Financial statements submitted with your application must be prepared in accordance with Australian accounting standards. Accounting standard has the same meaning as in the Corporations Act 2001. Accounting standards are legislative instruments.
Your payments to key personnel and related parties must be reasonably necessary for your operations. The terms and conditions of the transactions must be reasonable and ‘at arm’s length’.
You must also provide a certificate of currency for workers compensation and public liability insurance if you are legally required to obtain one in your state or territory.
Note: Applicants, applying for a further period of approval, that have at least 100 enrolments in courses leading to awards of qualifications in the Australian Qualifications Framework are required to complete the attachment Financial Performance – Breakdown of applicant revenue sources supplied with the application pack.
The benchmark of 20% of trading revenue from non-government sources is an indicator you are financially viable.
7.4 - Section C - Key personnel
Your key personnel and advisers must have experience and expertise necessary to perform your duties and responsibilities. The experience of your key personnel may also be relevant to whether you have sufficient experience in providing vocational education and training. Key personnel also need to complete the Fit and Proper Person statutory declaration. Note, advisers do not need to complete this statutory declaration.
Listed providers are taken to have met this course provider requirement.
7.5 - Section D - Applicant’s experience and completion rates
If you are a non-listed provider, you must have experience in providing vocational education and training as an RTO. Although listed providers are taken to meet the requirement of having experience in providing VET courses as an RTO, they will still need to complete the course completion rate table in this section.
In addition to the experience of your key personnel and advisers there are a range of factors which the Secretary will regard in assessing the applicant’s experience.
Information about your experience will be obtained from the course completion rates table and other sections of the Application Form. However, you may provide further evidence of your experience in providing vocational education and training as an RTO.
In assessing course completion rates, the department may regard the National Centre for Vocational Education Research’s (NCVER) observed actual completion rate for nationally recognised VET qualifications (Diploma or higher). The NCVER observed actual completion rate for Diploma or higher is currently 55.9% based on 2019 data.
For more information about VET qualification completion rates, please visit Publications (ncver.edu.au) and search for the latest publication of the completion rates.
7.6 - Section E - Proposed VSL courses
You must be providing at least one course set out in the VET Student Loans (Courses and Loan Caps) Determination 2016 (the Determination). The course must be on your scope of registration on the National Register available at training.gov.au.
7.7 - Section F - Provider suitability
This section of the Application Form requests additional information, relevant to your suitability to be approved as a VSL course provider for the purposes of the Act.
Legislation: Rules s 19, Rules 23(3)(d), Rules s 24– 25, Rules s 27, Rules s 31– 33